Two years after it was first legislated to beef up Australia’s competitiveness in technology and manufacturing,the National Reconstruction Fund is about to make its first investments.
The contentious $1 billion project relied on federal and state co-operation,but the new Queensland government is sceptical.
The billion-dollar AI start-up Metigy collapsed in 2021,with its former CEO now facing five counts of making false and misleading statements,and one count of misusing his position as a company director.
Some of the world’s biggest technology investors have lined up to bet on artificial intelligence pioneer OpenAI. They will be banking on a big return.
Australia’s tech insiders are enjoying a surge in optimism from the Fed’s bumper rate cut,but all eyes are now on the US election.
Success stories such as Canva and Culture Amp are more than a decade old,and this fund says it’s time to find and fund the next crop of billion-dollar start-ups.
Funding to female entrepreneurs is at its lowest level in five years,and those in the sector are at odds over what to do next.
The mattress maker’s court trial,which resembled a real-life episode of Shark Tank,offered a rare glimpse into how the start-up sausage is made.
Teal independent MP Allegra Spender is leading a chorus of technology start-ups and investors criticising the government’s proposed superannuation changes.
Liquidators are questioning witnesses in the Federal Court about the finances of failed fintech venture Sargon,over allegations the company potentially traded while insolvent.
Investor Elaine Stead says she’s not done banging the drum about Australia’s ‘juvenile’ tech sector.